In what way does my ID and proof of funds have anything to do with my conveyancing in Southville? Is this really necessary?

To satisfy the Money Laundering Regulations any Southville conveyancing firm will require evidence of your identity in all conveyancing transactions. This is usually satisfied by provision of a passport and an original bank statement or utility bill showing where you live.

In accordance with Money Laundering Regulations, conveyancing solicitors are required to investigate not just the ID of conveyancing clients but also the origin of the money that they receive in respect of any matter. Refusal to disclose this will lead to your solicitor ending their retainer with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.

Your property lawyers will have an obligation to make a disclosure to the appropriate authorities should they believe that any monies received by them may contravene the Money Laundering Regulations.

Are there restrictive covenants that are commonly picked up during conveyancing in Southville?

Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Southville. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’

Just had an offer accepted on a new build apartment in Southville. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.

Set out below is a sample of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Southville

If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Please supply a car parking plan. Please confirm the Lease plans are surveyor prepared. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.

I decided to have a survey completed on a house in Southville ahead of retaining solicitors. I have been informed that there is a flying freehold overhang to the house. My surveyor has said that some mortgage companies may not issue a mortgage on this type of premises.

It varies from the lender to lender. Lloyds has different requirements from Halifax. If you e-mail us we can look into this further with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Southville. Conveyancing may be slightly more expensive based on your lender's requirements.

What tools are available to identify a Southville solicitor on the Nationwide Building Society conveyancing panel? I drive a motor bike and am prepared to travel upto 25kilometers to meet the solicitor.

You can use the search on this page. Please select a lender and your location and you will see a number of Southville conveyancing lawyers based on proximity. We have listed some Southville conveyancing firms towards the end of this page and you can ring them to verify if they are on the Nationwide Building Society panel